Want to develop an app like Tinder?? Learn about the cost and the best technology
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How much does it cost to develop an app like Tinder? I think this question is asked more than 5 gazillion times right!!! In this article, we are going to break down the exact strategy to calculate the Tinder app development cost and launch it most cost-effectively. So stick around till the end of this article so that you can get the maximum value out of it.
Tinder is a mobile dating app that started in 2012. It links to your Facebook account so you don’t have to type in tons of information while creating your profile. Most dating sites may ask you a lot of questions about yourself in an attempt to find the people who will be compatible with you.
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Why Tinder is Popular?
Tinder is popular because it allows more time for actual communication rather than making you look through a lot of information and answer relationship-related questions. To understand the scale of the Tinder app, have a look at this data.
- 100+ million downloads
- Supports 30+ languages
- 20+ million matches
- 1.8 billion swipes every day
- 2 billion message every day
How Does Tinder Work
After downloading the app, you can sign up for free through your FB account. Tinder will pull your basic information from your FB profile like your First name, age, etc.
Later you can spruce up your profile with more information and photos of yourself. Based on the information you put in your profile, you will be presented with potential matches. On each profile presented to you, you can swipe right to like them or swipe left to ignore them.
If you and one of your suggested matches liked each other’s profiles, you’ll be able to send messages to each other. If you hit it, you may be able to arrange to meet up in person.
Tinder App Development Cost
There is no magic number instead, there are multiple factors that play to determine the cost of the tinder app.
Entrepreneurs have spent anywhere from 40,000$ to 50,000$ to build an app. But don’t worry! Not all apps are created equal. Some are simple and cost less, while others are more complex. But how do companies calculate how much does it cost to develop an app?. The way they do it is by calculating as below.
| Cost = Hourly Effect X Hourly cost |
This is the typical formula used by most app developing agencies. That is “How many hours they have to spend on specific features to complete it multiplies by hourly cost”. The hourly rates of different companies are substantially different.
Now, your question is how do these companies define their hourly rates? Let’s discuss some of the key factors that impact hourly rates. And here we go.
- Location of app development companies
- No. of platforms
- No. of features
- Design aspect
- Team & experience
Location
The cost will vary greatly depending upon the location of app development companies. The average hourly cost for a company, that is based out of the US is roughly 150$. And Europe 100$, Australia 120 to 150$. Finally, India 20$ to 80$.
So the basic app in India might start at 10K$ & a similar app in the US might cost around 50K to 70K dollars.
Number of Platforms
The number of platforms that you are considering for Tinder app development.
- Only Android
- Only iOS
- Both Android & IOS
If you are going for just android or just iOS the cost will be different. And if you are going for both platforms, the cost may increase. It also depends on, going with a native app or hybrid app.
Number of Features
The next important factor that influences the hourly rate for tinder app development is the number of features that you are choosing. A few examples of such features are listed below:
- Adding location-based services
- Login based on the social platform
- Login based on e-mail/phone no etc.
- Whether you want to integrate a payment gateway.
- Would your tinder app requires streaming
- Multiples languages
- Advertisements
- Chatting or offline mode
All of these factors will play a huge role in defining the cost of developing an app like Tinder. More the no. of features, more the complexity, and more is the cost for development.
Design Aspect
The fourth factor plays a huge role in the design aspect.
Do you want a barebone design?
OR
Do you want amazing, modern, beautiful, and premium designs?
The user interface and user experience-driven apps stand out, but they come at a price tag. Usually, more complexity leads to more effort both at the front and back end.
Team and Experience
App development companies usually have different hourly rates based on different skill sets. Each member like a developer, designer, solution architect, and tester will have different hourly rates. In a moderate size company, there will be 4 to 8 people working on a single project.
Apart from these 5 major factors, there are other factors like,
- Maintenance cost
- Infrastructure cost
- Maintenance contract post-release
These are essential so that your app is future-proof against any new updates by OS, which might leave your app useless, if not handled properly. Let’s explore about two cost-effective approaches to build and launch your app.
- MVP
- SAS
MVP (Minimum Viable Product)
Start with a limited set of features, i. e the features that provide maximum value to your users. Focus on your core competencies. Start with it and then build slowly.
Even the apps like Amazon, Uber, FB, Instagram all started as MVP with a limited set of features. Look at those apps or brands today and no of the features that they are holding.
SAS
The second approach is the SAS. You may not find the SAS approach for all kinds of apps. In the SAS environment, the service provider will host your app. They will run it, maintain it, host it, and update it.
All you need to do is to pay a small fee to set up your account or small monthly strategy depending on their monetization strategy.
Apart from this, you can estimate your cost for Tinder app development using websites like estimatemyapp, howmuchtomakeanapp.com, appdevelopmentcost.com, etc. It may help freelancers, especially beginners to build their apps for their own business. Explore few more options!!! and choose what suits best for you based on your research and take action.
